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24 March 2024 | 14 replies
Honestly, they aren't for me so I have done one.I think to start, you need to layout a sort of budget (if you haven't already --- this is as public board so we don't need to know).
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23 March 2024 | 12 replies
Just sort of living through BP and Zillow at the moment.
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22 March 2024 | 3 replies
Specifically looking for a cross-border accountant, and legal counsel to ensure I get the right paperwork sorted to minimize double taxation, and related cross-border issues.Any other Canadian investors have experience with this, or accountants here who specialize in supporting with this?
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22 March 2024 | 23 replies
to all - great questions - to my knowledge you are all correct. sort of!
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22 March 2024 | 15 replies
Unless you're talking about taking over title in 2025 under some sort of master lease agreement, she will be hit with capital gains tax regardless of what seller finance terms you come up with.
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25 March 2024 | 118 replies
Sort of like your quarterback and key player, in my opinion.We spent about 6 months interviewing PMs, calling as prospect landlord, calling as prospect tenants.
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22 March 2024 | 88 replies
The important part of that purchase was that I knew the rents were already high enough to make the deal cash flow once that tenant vacated.You deducted $2500 out of the purchase price to keep against the $200 net negative or of the sort?
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22 March 2024 | 5 replies
This should be interesting as better agents who have more business will naturally keep the firm at higher commissions, leaving less experienced agents with more low-priced business.Uninformed sellers will push back on including buyers commissions in the sales price resulting in less competition and lower prices on those homes.Uninformed buyers will self-sort out of the market unless they meet a great agent to explain their options.
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22 March 2024 | 10 replies
My guess is your electrical is grounded to your copper piping (pretty common) and you have some sort of trickle charge running through the system and grounding out through the concrete.The other option could be your gas line.
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21 March 2024 | 1 reply
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).